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Posted

We are rapidly approaching the time when we can both apply for an O A visa in Thailand.Visas seem really tedious matters and we are giving some consideration to Thailand Elite. However it strikes me that property ownership has not been factored into Thailand strategy.

On this I can only comment on condominiums and we have owned one in Thailand for some seven years, it is not an insignificant asset.

Has anyone proposed to the Thai government that being able to provide proof of ownership in our case specifically for a condominium i.e. the Chanott ti din (title deed) and blue house book could actually really assist Thailand on multiple levels.

  1. Promote condominium sales within Thailand
  2. With the above bring more wealth into Thailand
  3. Reduce administration costs/load on embassies
  4. Be more enforceable as the Land Office holds all condominium records.

Does anyone know if this has ever been proposed?

Posted

Kind of like a 'buy a condo, get a free visa'!

Now that would sell condos!..what a sales pitch.

I'd buy one. Great idea.

Posted

You can buy a condo valued at 10 million baht or more and get an extension of stay based upon investment. You can also combine the condo with money in the bank to reach the 10 million baht number or just 10 million baht in the bank.

  • Like 1
Posted

You can buy a condo valued at 10 million baht or more and get an extension of stay based upon investment. You can also combine the condo with money in the bank to reach the 10 million baht number or just 10 million baht in the bank.

I think 800,000 baht better for me lol lol

  • Like 1
Posted

You can buy a condo valued at 10 million baht or more and get an extension of stay based upon investment. You can also combine the condo with money in the bank to reach the 10 million baht number or just 10 million baht in the bank.

I did approach the Thai embassy in the UK some time ago and tried to get an investment visa. It seemed at the time to confuse them.

Is it possible to now just go for an investment visa - has anyone succeded at this? Also is this the current value of the condominium or the purchase price?

I believe a yellow house book implies a Thai national - other half?

Posted

You can buy a condo valued at 10 million baht or more and get an extension of stay based upon investment. You can also combine the condo with money in the bank to reach the 10 million baht number or just 10 million baht in the bank.

I did approach the Thai embassy in the UK some time ago and tried to get an investment visa. It seemed at the time to confuse them.

Is it possible to now just go for an investment visa - has anyone succeded at this? Also is this the current value of the condominium or the purchase price?

I believe a yellow house book implies a Thai national - other half?

It is nothing new it has been around for many years. It is an extension of stay not a visa. You cannot get one at an embassy. You can get a non immigrant visa (B class) at immigration by doing a conversion.

It is purchase price of the condo but you have to show proof you brought the money into to the country.

The yellow book comment was a joke. A yellow book is for foreigners. You can get one if you own a condo.

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